Fallbrook Child Development Center Inc

Analysis

Fallbrook Child Development Center Inc is a registered charity in United States, based in Fallbrook, CA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fallbrook Child Development Center Inc reported income of $1.0m and spending of $993k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $751k to $1.0m (+38%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fallbrook Child Development Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Earthdance ($1.0m), Wonder World Child Development and Day Care Center ($1.0m) and Discovery Kids Learning Center Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $49k (4.9% of expenses). Other salaries and wages came to $524k. At year end it held assets of $762k against liabilities of $277k, net assets of $485k. It reported 17 employees.